
Cheap Homes for Rent in Prospect Hill Lexington Neighborhood of Lexington, MA from $2,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Hill Lexington area of Lexington.


248 Lincoln St

6 Eliot Rd

30 Captain Parker Arms, Unit 2

8 Captain Parker Arms, Unit 14
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

8 Captain Parker Arms, Unit 2

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1000 Main Campus Dr, Unit SI FL2-ID5813A

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1000 Main Campus Dr, Unit SI FL3-ID6243A

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100 Lexington Ridge Dr, Unit SI FL2-ID4128A

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100 Lexington Ridge Dr, Unit SI FL2-ID4128A
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100 Lexington Ridge Dr, Unit SI FL3-ID1848A

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100 Lexington Ridge Dr, Unit SI FL3-ID1848A

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100 Lexington Ridge Dr, Unit SI FL1-ID2917A

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100 Lexington Ridge Dr, Unit SI FL2-ID1481A

30 Farmcrest Ave
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Prospect Hill Lexington, Lexington, MA Local Guide

How much does it cost to rent a home in Prospect Hill Lexington?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Prospect Hill Lexington 2 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
| Prospect Hill Lexington 3 Bedroom Homes for Rent | $5,600 | $5,600 | $5,600 |
| Prospect Hill Lexington 4 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
| Prospect Hill Lexington 5 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Prospect Hill Lexington Neighborhood of Lexington, MA.
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Prospect Hill Lexington, Lexington, MA Local Guide
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Cheapest Available Prospect Hill Lexington Apartments for Rent
 The cheapest available apartment rental in the Prospect Hill Lexington area of Boston, MA is a 1 Bed unit found at Waltham Overlook priced from $2,495. Windsor Village at Waltham has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,503. Here are the most affordable Prospect Hill Lexington apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waltham Overlook | A1BR | 1BR,1BA | $2,495 |
| Windsor Village at Waltham | The Dartmouth | 1BR,1BA | $2,503 |
| Captain Parker Arms | 1 Bedroom / 1 Bath | 1BR,1BA | $2,550 |
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2,700 |
| Katahdin Woods | The Adams | 1BR,1BA | $2,756 |
Best Value Apartments for Rent in Prospect Hill Lexington, MA
As of June 11, 2026 the best value apartment in the Prospect Hill Lexington area is the $2.48 price per square foot 2 Bedroom Model at April Lane Apartments in the in the Woodhaven neighborhood starting from $3,100. The second greatest value Prospect Hill Lexington apartment is the C2 Two Bedroom Model at Seven Springs starting at $3,595 with a $3.12 price per square foot in the Turning Mill neighborhood. Here is today’s list of the best values for Prospect Hill Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| April Lane Apartments | 2 Bedroom | 2BR,2BA | $2.48 |
| Seven Springs | C2 Two Bedroom | 2BR,2BA | $3.12 |
| Briar Glen Village | The Hemlock | 2BR,2BA | $2.95 |
| Windsor Village at Waltham | The Faneuil | 2BR,1.5BA | $3.09 |
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.65 |
| 12 Saran Ave, Unit Saran Ave Bedford | 12 Saran Ave | 2BR,1BA | $3.13 |
| 44 Lawrence Ln, Unit 1 Bedroom Apartment | 44 Lawrence Ln | 1BR,1BA | $3.22 |
| Captain Parker Arms | 1 Bedroom / 1 Bath | 1BR,1BA | $3.40 |
| 49 Jacqueline Rd, Unit 6 | 49 Jacqueline Rd | 1BR,1BA | $2.92 |
| Waltham Overlook | A1BR | 1BR,1BA | $3.47 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleProspect Hill Lexington, Lexington, MA
Ranked #10
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Prospect Hill Lexington
What type of rentals are currently available in Prospect Hill Lexington?
There are currently 31 Apartments for Rent in Prospect Hill Lexington, MA with pricing that ranges from $1,975 to $7,920. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill Lexington ranging from $2,400 to $12,000.
What is the current price range for Rental Homes in Prospect Hill Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Hill Lexington ranges from $2,400 to $12,000 with an average monthly rent of $5,920.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.